A Manual of Political Economy for Schools And Colleges

Cover A Manual of Political Economy for Schools And Colleges
A Manual of Political Economy for Schools And Colleges
James Edwin Thorold Rogers
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L^g on others, and to a great extent did put. They wished to keep the people poor, in order that they might maintain a high price of wheat. They kept the people poor, and they lowered rents, because they could not appropriate more in the shape of rent than the quantity by which the demand of purchasers could exalt the price of produce over the cost of production, and as they narrowed the circle of purchasers, they lowered the motives of im- provement, and stinted the powers of the cultivator.
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...or throughout the whole of the controversy on the nature of rent, people argued persistently, as though every- thing was to be measured by wheat. Wheat was the staple food of the people, and therefore, every process of production was to be referred to this standard. But the staple food of the people is one thing, the staple industry of the home-producer is another. To Hmit the latter by the former, unless under compulsion, is pro- digious folly. But this was done by the corn-laws, which prevented the farmer from seeking to supply a market for other agricultural produce, by forcing him to devote all his energies to the production of wheat.

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